Aston Energy Solutions Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07352878 (England and Wales)

Unaudited Financial Statements

for the Period 1 November 2016 to 30 June 2017

for

Aston Energy Solutions Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Power

REGISTERED OFFICE:

9 Vicarage Lane

Kings Langley

Hertfordshire

WD4 9HS

REGISTERED NUMBER:

07352878 (England and Wales)

ACCOUNTANTS:

Ashbys Chartered Accountants

Morton House

9 Beacon Court

Pitstone Green Business Park

Pitstone

LU7 9GY

FIXED ASSETS

Intangible assets

4

-

6,805

Tangible assets

5

14,921

6,206

14,921

13,011

CURRENT ASSETS

Debtors

358,760

276,672

Cash at bank

173,810

13,383

532,570

290,055

CREDITORS

Amounts falling due within one year

532,756

304,365

NET CURRENT LIABILITIES

(186

)

(14,310

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,735

(1,299

)

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

14,732

(1,302

)

SHAREHOLDERS' FUNDS

14,735

(1,299

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 30 June 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 8 September 2017 and were signed by:

S Power - Director

1.	STATUTORY INFORMATION

Aston Energy Solutions Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of three years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 20% on reducing balance and 20% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2016 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2016

and 30 June 2017

35,000

AMORTISATION

At 1 November 2016

28,195

Amortisation for period

6,805

At 30 June 2017

35,000

NET BOOK VALUE

At 30 June 2017

-

At 31 October 2016

6,805

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2016

10,570

Additions

11,158

At 30 June 2017

21,728

DEPRECIATION

At 1 November 2016

4,364

Charge for period

2,443

At 30 June 2017

6,807

NET BOOK VALUE

At 30 June 2017

14,921

At 31 October 2016

6,206

6.	OTHER FINANCIAL COMMITMENTS

Total amounts payable under non-cancellable operating leases at the balance sheet date amounted to £24,277

(2016: £8,986).

7.	POST BALANCE SHEET EVENTS

Dividends paid since the 30 June 2017 but before the date of approval of the accounts amounted to

£2,900.